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This GDP Deflator Practice instructional video also includes:
What is a GDP deflator, and how do we calculate it? Support your learners through this process using this video as a resource, which explains step-by-step how to work with an equation calculating not only the GDP deflator, but also nominal and real GDP.
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3 Downloads
CCSS:
Adaptable
Additional Tags
Instructional Ideas
- Excellent model for an instructor to use for their own instruction
Classroom Considerations
- Queue video to skip initial third-party advertisements
- Class members should have an understanding of nominal versus real GDP before beginning the video
- This video is hosted on YouTube
Pros
- Includes description of equation for calculating the GDP deflator
- Provides opportunity for independent practice by asking questions that learners can answer on their own before continuing through video
- Emphasizes importance of understanding logic behind equation
Cons
- None